US Renews Nuclear Sanctions on Iran

Analysts weigh in on risks and highlights

Crowds gathered in major Iranian cities on Sunday evening to mark the 39th anniversary of the seizure of the U.S. Embassy in Tehran during the 1979 Islamic Revolution, just a few hours before sanctions meant to curtail the Islamic Republic’s renegade nuclear program and support for terrorism were re-imposed by the US. Israeli Prime Minister Benjamin Netanyahu issued a statement on Saturday evening thanking the Trump Administration and saying, "For years I've been calling for sanctions to be fully reimposed against Iran's murderous terrorist regime, which threatens the entire world."

8 countries were reportedly granted 6 month waivers which will allow them to continue buying Iranian oil without facing penalties, as US Secretary of State Mike Pompeo explained during a Fox News interview that some countries “need a little bit more time” to come into compliance with the sanctions.

"America wanted to cut to zero Iran's oil sales...but we will continue to sell our oil...to break sanctions," Iranian President Hassan Rohani said in a speech broadcast on State TV early Monday morning.

Here are some videos which give a more complete picture of the situation